Search / Ifc
'Gay exorcism' church with roots in Zimbabwe sets sights on expansion across Scotland
The Forward In Faith Church International Incorporated (FIFCII), notorious for its endorsement of "gay exorcism" as conversion therapy and belief in witchcraft, is advancing its reach in Scotland....Published: 15 Aug 2024 at 12:40hrs | 414 | by Staff reporter
NMBZ optimistic on ZiG inflation-easing impact
Listed financial services provider, NMBZ Holdings Limited, has expressed optimism about the inflation-easing impact of the new Zimbabwe Gold (ZiG) currency, following a 209% revenue increase in the fi...Published: 21 May 2024 at 08:27hrs | 1 | by Staff reporter
Zimbabwe's Ralph Mupita scoops top regional business award
Ralph Mupita, the Zimbabwean-born President and CEO of MTN Group, has been honored as CEO of the Year at the 2024 Africa CEO Forum.The prestigious award was presented to Mupita this week durin...Published: 19 May 2024 at 10:27hrs | 8 | by Staff reporter
Zimbabwe registers 10 new air routes
ZIMBABWE has secured at least 10 flight routes over the past two years, as the government moves to revive the sector to pre-Covid 19 pandemic era levels, a senior official said on Thursday.Add...Published: 03 Apr 2023 at 06:54hrs | | by Staff reporter
Kasukuwere mourns Munatsi
Exiled Saviour Kasukuwere sent his condolence message to the Munatsi family following the untimely death of Chief Executive Officer of Zimbabwe Investment Development Agency, Douglas Munatsi who died ...Published: 29 Nov 2021 at 12:33hrs | 8 | by Simbarashe Sithole
BREAKING: Zimbabwe Top Banker burnt to death in his house
CEO of the Zimbabwe Investment and Development Agency, Douglas Munatsi, has died. He was burnt by a fire that gutted his flat located at the corner of Fifth Street and Josiah Tongogara Avenue on Monda...Published: 29 Nov 2021 at 08:29hrs | 8 | by Mandla Ndlovu
Strive Masiyiwa to open 10 mega data facilities
Liquid Intelligent Technologies has opened its fifth mega data center in South Africa, as it doubles down on its continental leadership in the growing data centers sector, where it is targeting to bui...Published: 30 Sep 2021 at 21:27hrs | 1 | by Staff reporter
New Liquid POP links Africa directly to US internet resources
Liquid Intelligent Technologies (Liquid) is opening a new Internet Point of Presence (POP) in Miami, Florida, that will connect the United States to its A...Published: 28 Aug 2021 at 16:11hrs | | by Staff Reporter
The Mauritius example on economic development
Mauritius is ranked by the World Economic Forum as the most competitive economy in Sub-Saharan Africa and high income country with a Gross National Income (GNI) per capita of US$12,740 (Sub-Saharan Af...Published: 19 Jun 2021 at 08:48hrs | 1 | by Port Louis Riverfront, Mauritius
World Bank in deal to boost Vic Falls flights
The International Finance Corporation (IFC), a unit of the World Bank, will partner the Ministry of Environment, Climate, Tourism and Hospitality Industry in efforts to attract more airlines and fligh...Published: 08 Jun 2021 at 06:30hrs | | by Staff reporter
Mr Mnangagwa, you have spoken more than you acted
DEAR President Emmerson Mnangagwa,It is with a heavy heart and a trampled soul that I write this letter to you.Since your ascendancy to power via a military-assisted coup in November...Published: 19 May 2021 at 06:47hrs | | by Cliff Chiduku
Privatization plans off rails
In November 2018, the Zimbabwean government set out a privatization plan to dispose completely and partially privatize over 23 state entities and parastatals (SEPs). According to the Auditor General R...Published: 07 May 2021 at 15:41hrs | | by Victor Bhoroma
Landela buying spree raises stink
PRESIDENT Emmerson Mnangagwa marked his triumphal entry into the citadel of power in 2017 by declaring that he would open the country up for business, thus promising a departure from the ruinous polic...Published: 15 Jan 2021 at 07:37hrs | 1 | by Cliff Chiduku
Standard Bank Group publishes fossil fuels financing policy
Johannesburg - Stanbic Bank Zimbabwe's parent company, Standard Bank Group, has published its Fossil Fuels Financing Policy as part of its efforts to improve it...Published: 14 Dec 2020 at 14:00hrs | 1 | by Agencies
From desert to business hub_Dubai economic story
Dubai is the capital city of the Emirate of Dubai, which in itself is one of the seven emirates (states) that form the United Arab Emirates (UAE). The emirates are former British colonies which got in...Published: 20 Oct 2020 at 14:01hrs | | by Victor Bhoroma
Zimbabwe's business climate can improve
As the Zimbabwe Stock Exchange (ZSE) puts final touches on the infrastructure needed for operations of the Victoria Falls Securities Exchange (VFEX), investors await to see if their major concerns on ...Published: 11 Oct 2020 at 09:57hrs | | by Victor Bhoroma
EFF calls for sanction removal in Zimbabwe
Following their inclusion into the Institutional Framework Committee (IFC) of the National Dialogue spearheaded by President Emmerson Mnangagwa, Zimbabwe Economic Freedom Fighters (EFF), has underline...Published: 01 Mar 2019 at 16:49hrs | 1 | by Staff Reporter
'I am Mutumwa Mawere! the hypocrite'
Mutumwa Mawere, an ex-business magnate, has a rosy educational story with stints in Zimbabwe, Swaziland, the UK and the U.S. (George Washington University) where he obtained a Master of Science (Manag...Published: 09 Jan 2019 at 22:45hrs | | by Sam Wezhira
The West judges Zimbabwe differently
The Western world judges Zimbabwe at a higher standard than it does other African countries, and that's not entirely a bad thing.The temptation is to demand that the European Union (EU) and th...Published: 17 Dec 2018 at 05:40hrs | 1 | by newZWire
IMF backs Mnangagwa's economic plan
The International Monetary Fund (IMF) has been bowled over by President Emmerson Mnangagwa's current economic plan, which has already seen Treasury recording a budget surplus of over $29 million durin...Published: 16 Dec 2018 at 09:56hrs | 4 | by The Sunday Mail
ZAOGA: Celebrating 70 years of Non Stop Preaching
The seventy years of non-stop preaching have necessitated the birth and establishment of a great ministry called ZAOGA Forward In Faith Ministries International. ZAOGA FIF has various ministri...Published: 19 Oct 2018 at 08:09hrs | 9 | by Brian Mutembedza
Prophet Makandiwa congratulates Mnangagwa
Emmanuel and Ruth Makandiwa together with the United Family International Church in Zimbabwe and abroad congratulate his Excellency the President of the Republic of Zimbabwe, CDE Emmerson Dambudzo Mna...Published: 01 Sep 2018 at 10:19hrs | | by Staff reporter
Who is who on the Zimbabwe campaign trail?
A TOTAL of 23 candidates successfully filed their nomination papers last week enabling them to run in the presidential elections to be held on July 30, although it is self-evident the real race will b...Published: 22 Jun 2018 at 15:06hrs | | by Staff reporter
Zimbabwe targets $65bn GDP by 2028
Zimbabwe is targeting to reach Gross Domestic Product (GDP) of US$65 billion by 2028 on the back of wholesale improvements in investment.Foreign investor interest in Zimbabwe has also grown ma...Published: 17 Jun 2018 at 10:41hrs | | by Staff reporter
$8 billion for water infrastructure
Zimbabwe requires about US$8 billion to construct 37 major water infrastructure facilities, including dams and water purification structures to meet the increasing demands of the growing urban populat...Published: 10 Jun 2018 at 09:14hrs | | by Staff reporer
Orange Digital Ventures invests in Africa's Talking
Orange Digital Ventures Africa, the Orange investment fund's new initiative for Africa launched last June, is proud to announce its first investment, helping Africa's Talking to raise $8.6 million alo...Published: 02 May 2018 at 16:42hrs | 3 | by Agencies
Zimbabwe National Army swindled
The Zimbabwe National Army (ZNA) has dragged a company that it contracted to repair its radio test equipment and failed to deliver after being paid $103 000.According to court papers, the appl...Published: 24 Mar 2018 at 10:14hrs | 1 | by Staff reporter
Can digital disruption tackle local healthcare challenges?
The African region is seen to be one of the most sought-after markets globally for healthcare investments, having experienced stellar growth over the last decade and showing no sign of slowing down in...Published: 01 Mar 2018 at 14:27hrs | 1 | by Agencies
MDC-T senator in vi-ginity testing storm
GENDER activists yesterday rounded up on an MDC-T Senator who said Zimbabwe should go back to its culture of testing girls for vi-ginity.The opposition party's Masvingo Senator Misheck Mar...Published: 19 Mar 2017 at 07:28hrs | | by Staff reporter
Open letter to Robert Mugabe - from ex-Cabinet minister Nkosana Moyo
Dear Mr President,Since I came to your office to tender my resignation in 2001, you and I have not had any occasion to interact or communicate. I hope, however, you will still recall one of th...Published: 19 Feb 2017 at 23:10hrs | 1 | by Dr Nkosana Moyo
We have a bloated parliament sleeping on duty
First and foremost I would like to highlight some major roles which parliament plays toward enhancing development. It is the duty and obligation of the public to have an oversight view on the roles of...Published: 29 Dec 2016 at 10:29hrs | | by Tinashe Eric Muzamhindo
Making the politically unthinkable thinkable is how to recover and advance uMthwakazi!
Your article at Bulawayo24 Sisi Nomazulu Thata made interesting reading (http://bulawayo24.com/index-id-opinion-sc-columnis...Published: 17 Aug 2016 at 14:21hrs | | by Xoxani Ngxoxo
Moyo pens open letter to Mugabe
Dear Mr President, Since I came to your office to tender my resignation in 2001, you and I have not had any occasion to interact or communicate. I hope, however, you will still recall one of t...Published: 22 Jul 2016 at 08:26hrs | | by Nkosana Moyo
World Bank officials expected in Zimbabwe
A delegation of the World Bank private sector lending arm will arrive in Zimbabwe next week for a series of meetings with government, business leaders and bankers, as the country seeks long-term fundi...Published: 02 Jun 2016 at 22:38hrs | | by Staff Reporter
Dr. Nkosana Moyo joins the African Innovation Foundation
The African Innovation Foundation (AIF) said it welcomes Dr. Nkosana Moyo who joins the team as an ALL Envoy, representing Anglophone Africa. This appointment is timely for the Foundation and its work...Published: 11 Dec 2015 at 12:29hrs | | by APO
Grandson shock, woman collapses
A BULAWAYO woman yesterday collapsed outside a court after learning that her grandson was allegedly fathered by another man.The woman whose name could not be established appeared shocked when ...Published: 27 Nov 2015 at 10:05hrs | | by Court Reporter
WATCH: British tycoon speaks about Robert Mugabe
A British tycoon, Nicholas van Hoogstraten, with significant investment interests in Zimbabwe has come out strongly in support of President Robert Mugabe.https://www.youtube.com/watch?v=G5...Published: 07 Sep 2015 at 15:00hrs | | by Staff reporter
World Bank aims to make Zimbabwe more investor-friendly
The World Bank's International Finance Corporation (IFC) said it is assisting Zimbabwe with regularising and improving its operating environment to attract investors and pave the way for potential...Published: 12 Jun 2015 at 09:09hrs | | by Staff reporter
Open letter to the AU on xenophobic attacks in South Africa
MISA, along with more than 100 African human rights organisations today presented an open letter to the African Union (AU), to express their concern about the xenophobic attacks in the Republic of Sou...Published: 10 Jun 2015 at 15:49hrs | | by MISA
Violence rocks Zanu-PF
Anti-riot police had to intervene and stop rival Zanu-PF factions from engaging in fist-fights at the party's Harare provincial headquarters yesterday. Reports indicated that controversial cha...Published: 15 Apr 2015 at 09:26hrs | | by Staff reporter
Commotion at Zanu PF headquarters
Roudy ZANU PF youths are currently gathered at ZANU PF Harare province headquarters where there is fiery commotion just as the party sinks deeper.Friday afternoon saw a new bill of names s...Published: 12 Apr 2015 at 12:59hrs | 1 | by Stephen Jakes
Midzi, Chikukwa face expulsion from Zanu-PF
The Zanu-PF Harare province has recommended the expulsion of former chairman Amos Midzi and several other officials fingered in acts contrary to the party's code of conduct.The province has al...Published: 11 Apr 2015 at 13:35hrs | | by Staff reporter
Mutumwa Mawere rejects Mnangagwa
I APPRECIATE the interest expressed by your readers about my relationship with Emmerson Mnangagwa and its alleged implications on my business success.I think that if my businesses had failed t...Published: 12 Dec 2014 at 09:20hrs | | by Mutumwa Mawere
Zimbabwe to engage IFC for financial support
Finance and Economic Development Minister Patrick Chinamasa says he will engage the International Finance Corporation, a unit of the International Monetary Fund, to extend financial support to loc...Published: 24 Sep 2014 at 09:39hrs | | by Staff reporter
Chinamasa extends begging bowl, queries isolation by World Bank, IFC
Zimbabwe says there is no justification in the continued isolation of the local private sector by the World Bank's affiliate, the International Finance Corporation (IFC) as the local industry ha...Published: 23 Sep 2014 at 20:49hrs | | by Staff reporter
Zimbabwe fails to pay IMF debt
Zimbabwe has no capacity to clear debt arrears with international financiers due to the poor state of the economy, Finance minister Patrick Chinamasa has said.Chinamasa ...Published: 27 Apr 2014 at 15:49hrs | | by Staff reporter
Zimbabwean company to advise Bob Diamond's fund
A Zimbabwean private equity firm Brainworks Capital has been appointed as one of the key financial advisors to the $325 million Atlas Mara investment vehicle.Atlas Mara is a banking investment...Published: 19 Dec 2013 at 04:00hrs | | by Staff reporter
African Development Corporation initiates BancABC takeover offer
African Development Corporation announced that the management and the Supervisory Board resolved to engage in pooling agreements with aligned investors in ABC Holdings Limited, Botswana (BancABC) and ...Published: 29 May 2013 at 07:21hrs | | by Business reporter
IFC snaps about 10.3% stake in ABC Holdings
THE International Finance Corporation has snapped about 10,3 percent stake in ABC Holdings after exercising an option to convert a 78 million pula (US$9,2 million) loan to the banking group into equit...Published: 27 May 2013 at 03:20hrs | | by Business Reporter
ZSE: Industrials advances to cap record week
ZSE's Industrials continued to advance on Friday racing past the 212.00 level for the first time albeit in sluggish trades where only 5 counters traded in the positive territory while only 2 traded lo...Published: 24 May 2013 at 10:45hrs | | by Business reporter
Load More Stories